Tuesday, Dec 05, 2023
×
Outlook.com
×

Life Insurance Corporation Lic

Life Insurance Corporation.

LIC Shares Rally 6% After 14-Fold Jump In Net Profit To Rs 9,544 Crore

Life Insurance Corporation (LIC) shares were trading 3.09 per cent higher at Rs 661.55 per share on the NSE. It touched an intraday high of Rs 679

11 August 2023

Company Results

LIC Q4 Net Profit Surges Over 5-Fold To Rs 13,191 Crore

LIC's income from first-year premium also came down to Rs 12,852 crore against Rs 14,663 crore in the same quarter previous fiscal

25 May 2023

Life Insurance Corporation.

FSIB To Soon Start Selection Process For New LIC Chairman

The final decision on the FSIB recommendation will be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi

19 March 2023

Banking Stocks

Stocks To Watch On 11 August: LIC, Hero MotoCorp, Zee Entertainment, Others In News

The BSE Sensex declined 307.63 points or 0.47 per cent to close at 65,688.18. The NSE Nifty fell 89.45 points or 0.46 per cent to settle at 19,543.10

11 August 2023

Adani Group

EPFO Remains Invested In Adani Stocks Despite Hindenburg-Induced Market Rout: Report

Earlier, the Life Insurance Corporation (LIC) had come under fire for its exposure to Adani stocks after a short-seller report caused a selling spree of Gautam Adani-backed companies

27 March 2023

Gautam Adani

Adani Stock Rout: Opposition Leaders Give Adjournment Notices In Parliament; Demand JPC Probe

Prominent among those MPs who have given adjournment notices, include Congress chief Whip in Rajya Sabha Naseer Hussain and party's Whip in Lok Sabha Manickam Tagore.

03 February 2023

Life Insurance Corporation of India

LIC Dividend Announced At Rs 3 Per Share In Q4 Results 

LIC’s annual general meeting (AGM) will be held on August 22, 2023 and hence, after this AGM, LIC is expected to pay the final dividend for FY23

25 May 2023

Advertisement

LIC has exposure to several Adani Group companies

LIC Clarifies Its Adani Group Holdings Amid Concerns Over High Exposure 

LIC's exposure in the Adani group, as on date, is 0.975 per cent of LIC's Total AUM at book value, the insurance company said 

30 January 2023

Advertisement
28 January 2023
Adani Stocks Fall: LIC Loses Over Rs 16,000 Crore But Invests Another Rs 300 Crore In Last Two Days  

Adani Stocks Fall: LIC Loses Over Rs 16,000 Crore But Invests Another Rs 300 Crore In Last Two Days  

Since Hindenburg’s allegations of fraud against Adani Group went public on Wednesday, companies associated with the conglomerate have lost over Rs 4 lakh...


23 January 2023
IDBI Bank Q3 Net Profit Jumps 60% To Rs 972 Crore

IDBI Bank Q3 Net Profit Jumps 60% To Rs 972 Crore

IDBI Bank, for which the government and the LIC have invited bids to sell a majority stake, had a net profit of Rs 578 crore in the October-December quarter of...


11 January 2023
Financial Bids For IDBI Bank Expected To Come In By September: DIPAM Secretary

Financial Bids For IDBI Bank Expected To Come In By September: DIPAM Secretary

Several global and domestic institutions have expressed interest in buying about 61 per cent of the government and Life Insurance Corporation's (LIC) stake in...


08 January 2023
Government Gets Multiple Preliminary Bids For Buying 61% Stake In IDBI Bank

Government Gets Multiple Preliminary Bids For Buying 61% Stake In IDBI Bank

The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting financial bids


06 January 2023
SEBI Permits Government Stake In IDBI Bank To Be Classified As 'Public' Post Divestment

SEBI Permits Government Stake In IDBI Bank To Be Classified As 'Public' Post Divestment

After completion of the strategic disinvestment, IDBI Bank has to make an application to the Stock Exchanges for reclassification of Government of India...


Advertisement

09 December 2022
Deadline To Submit Bids For IDBI Bank Privatisation To Be Extended Till Early January

Deadline To Submit Bids For IDBI Bank Privatisation To Be Extended Till Early January

The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last date for submitting an Expression of Interest (EoI) or...


14 November 2022
LIC Shares Rally Over 9% As Q2 Net Zooms Multifold

LIC Shares Rally Over 9% As Q2 Net Zooms Multifold

The stock rallied 8.70 per cent to Rs 682.70 on the BSE


26 October 2022
Govt Urges Lic To Tweak Product Strategy For Better Investor Return

Govt Urges Lic To Tweak Product Strategy For Better Investor Return

Foreign brokerages, however, remain bullish on LIC setting a higher target price over the next year as they feel that the insurer has good medium-term market...


13 August 2022
No Timeline From Government For Selling IDBI Stake: LIC Chairman

No Timeline From Government For Selling IDBI Stake: LIC Chairman

LIC owns 49.2 per cent of the lender and the government and public own the remaining shareholdings in the bank which was on the verge of collapse before it was...


07 August 2022
Telangana Government Launches Life Insurance Scheme For Weavers

Telangana Government Launches Life Insurance Scheme For Weavers

The Telangana government on Sunday launched ‘Nethanna Bima,’ a life insurance scheme for handloom and power loom weavers, marking National Handloom Day.


24 June 2022
All You Need To Know About LIC Bima Jyoti Insurance Plan

All You Need To Know About LIC Bima Jyoti Insurance Plan

Launched in December 2021, the LIC Bima Jyoti Insurance plan is a non-linked, non-participating, individual, life assurance savings plan that provides...


Advertisement

19 June 2022
Stock Market Crash: Top 10 Firms Lose Rs 3.91 Lakh Crore In Market Capitalization

Stock Market Crash: Top 10 Firms Lose Rs 3.91 Lakh Crore In Market Capitalization

Past week, the BSE Sensex plunged 2,943.02 points or 5.42 per cent, while the NSE Nifty declined 908.30 points or 5.61 per cent.


13 June 2022
LIC Shares Tumble Nearly 6%; Down Over 29% From Issue Price

LIC Shares Tumble Nearly 6%; Down Over 29% From Issue Price

The stock tanked 5.85 per cent to settle at Rs 668.20 apiece on the BSE. During the day, it plunged 6 per cent to Rs 666.90


31 May 2022
LIC Profit Drops 17% At Rs 2,409 Crore In March Quarter

LIC Profit Drops 17% At Rs 2,409 Crore In March Quarter

The total income of the insurer during the March quarter increased to Rs 2,12,230.41 crore, from Rs 1,90,098 crore in the same period of the previous fiscal.


17 May 2022
LIC Becomes Fifth Most Valued Company With Mcap Of Rs 5.54 Lakh Crore

LIC Becomes Fifth Most Valued Company With Mcap Of Rs 5.54 Lakh Crore

Shares of LIC closed at Rs 875.45, down Rs 73.55 or 7.75 per cent over the issue price, on the BSE. At this price, LIC is valued at nearly Rs 5.54 lakh crore....


09 May 2022
LIC IPO Shares To Be Allocated To Bidders On May 12

LIC IPO Shares To Be Allocated To Bidders On May 12

LIC's IPO was subscribed 2.95 times on the last day of the offer period on Monday, helping the government mobilize about Rs 21,000 crore.


09 May 2022
LIC IPO Subscribed Nearly 3 Times On Last Day; Government Raises Rs 21,000 Crore

LIC IPO Subscribed Nearly 3 Times On Last Day; Government Raises Rs 21,000 Crore

Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm.


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement